Deal Ends Standoff, Might Serve as Precedent for Relations With Other Broadband Suppliers

Netflix Inc. has agreed to pay Comcast Corp. to ensure Netflix movies and television shows stream smoothly to Comcast customers, a landmark pact that could set a precedent for Netflix's dealings with other broadband providers, people familiar with the matter said.

In exchange for payment, Netflix will get direct access to Comcast's broadband network.

The deal comes just 10 days after Comcast agreed to buy Time Warner Cable...